SE
SBA 504 certified development company
Siouxland Economic Development Corporation
- Total loans
- 95
- Loan volume
- $69.9M
- Avg loan size
- $736K
- Charge-off rate
- 7.3%
- vs 13.3% national avg
Defaults
5
Franchises funded
48
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Pizza Ranch | 13 | $6.5M | 11.1% (elevated risk) |
| Hardee's Restaurant | 8 | $1.5M | 0.0% (low risk) |
| Super 8 Motel | 6 | $2.9M | 0.0% (low risk) |
| Holiday Inn Express | 4 | $5.8M | 25.0% (very high risk) |
| Culver's Frozen Custard | 4 | $2.9M | 0.0% (low risk) |
| Pizza Ranch | 4 | $2.4M | N/A |
| Scooter's Coffee | 4 | $1.6M | N/A |
| Days Inn | 3 | $1.7M | 33.3% (very high risk) |
| Dairy Queen | 3 | $1.1M | 0.0% (low risk) |
| Taco John's | 3 | $715K | 0.0% (low risk) |
| Holiday Inn | 3 | $7.1M | 0.0% (low risk) |
| Perkins Restaurants | 2 | $1.0M | 0.0% (low risk) |
| Econo Lodge Motel | 2 | $1.1M | 0.0% (low risk) |
| Sleep Inn/Sleep Inn & Suites | 2 | $2.8M | 0.0% (low risk) |
| Amerihost Inn | 1 | $846K | 0.0% (low risk) |
| Jiffy Lube | 1 | $183K | 0.0% (low risk) |
| Comfort Inn | 1 | $509K | 0.0% (low risk) |
| Hilton Inns | 1 | $2.0M | 0.0% (low risk) |
| tanworld | 1 | $105K | 0.0% (low risk) |
| Kentucky Fried Chicken | 1 | $636K | 0.0% (low risk) |
Lending volume by year
3'94
1
1
1
1
8'05
7
12
4
2
6'10
5
12
3
6
2'15
3
1
3
1
5'20
2
5
1'25
Geographic coverage
Iowa
838.3% (moderate risk)
Nebraska
50.0% (low risk)
Missouri
30.0% (low risk)
Minnesota
20.0% (low risk)
South Dakota
20.0% (low risk)
Portfolio summary
Total funded$69.9M
Defaults5 of 95
Risk tierGOOD
Source: SBA 504 FOIA loan-level data, aggregated by FranchiseVerdict
Charge-off rate = charge-offs / (charge-offs + paid-in-full). Active, exempt, and cancelled loans are excluded. Risk ratings: Excellent (<5%), Good (5-10%), Average (10-15%), Elevated (15-20%), High Risk (>20%).